payment

How to Correctly Record Your Sales Tax Installment Payments

It’s not uncommon for Non-Profits, Charities or For Profit companies to make HST Sales Tax Installments. There are many reasons for this and one may be that the Non-Profit or Charities organization, has only registered to file annually or that it’s sales base is below the CRA threshold. The second may be that the annual filer does not want to face an unexpected amount at the due...

Read More

Add Intuit Merchant Service for QuickBooks

Did you know that if you get Intuit Merchant Service for QuickBooks, you can accept credit cards – or even debit cards – and integrate the payments right into your QuickBooks software? You can then offer your customers the convenience of multiple payment options. And eliminate the need to enter payment data twice. No PIN pad (terminal) required for credit cards Process VISA, MasterCard,...

Read More

Paying your Sales Tax Agencies in QuickBooks

I last left you with the filing of the Sales Tax in the CRA site. This site will allow you to process a refund but the payment of an outstanding amount has to be done through QuickBooks or your bank. I should clarify this. You can set up a payee with your on-line bank account or you can also create a check in QuickBooks to pay the Receiver General (GST) or Minister of Finance (PST). If you...

Read More

Receiving Payment in QuickBooks

Receiving Payment in QuickBooks

As we carry on with this series related to Customers in QuickBooks, let’s assume you have now received payment for the invoice that you created previously. This payment may have arrived in the form of a cheque, wire transfer, credit card, debit card (if you are using that feature) or even cash. You should be getting accustomed to using the Home page by now and will know where the icons...

Read More